Central Bank Real Time Gross Settlement (RTGS) SWIFT 
PYMNTS
MAY 9, 2016
Bangladeshi police and banking officials say that the connection of SWIFT messaging to a new bank transaction system could have led to the $81 million cyberheist at the central bank of Bangladesh. “The changes caused much more risk for Bangladesh Bank.”
PYMNTS
MAY 13, 2016
In light of the events surrounding the $81 million Bangladesh central bank heist, SWIFT has stepped forward to clarify that it does not hold any liability for fraudulent transactions originating from cyberattacks on its customers’ networks. The meeting marked the first time officials decided to cooperate.
PYMNTS
DECEMBER 5, 2018
Central banks must work hard to keep up with the ever-changing payments landscape. By 1990, many countries had real-time gross settlement (RTGS) systems in place to rapidly clear and settle high-value transactions. Some, like Denmark , debuted their in-house solutions in the early 2000s.
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